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Metals and Mining Aluminum Producers

  • DUBAI, Sept 20- Oman's Sohar Aluminium said on Wednesday it gradually restarted production on Friday after an interruption in August, and was working to return to full production as soon as possible. "Sohar Aluminium has confirmed it has re-energised the potline, and on Friday 15th September 2017 gradually began re-starting the pots and the production of...

  • LONDON, Sept 20- Aluminum soared to its highest in five years on Wednesday on reports that China's mammoth producer Chinalco was cutting output two months early and would soon pare back stocks of available metal. "China is making an effort to make efforts to cut back ahead of the winter months," Natixis analyst Bernard Dahdah. CHINA OUTPUT: China's aluminum...

  • BEIJING, Sept 20- Shanghai aluminium prices on Wednesday hit their highest in nearly six years on a report that two companies in Henan province have started cutting production almost two months before China's official winter restrictions kick in. The most-traded aluminium contract on the Shanghai Futures Exchange finished up 3.36 percent, its biggest...

  • BEIJING, Sept 20- Shanghai aluminum prices on Wednesday hit their highest in nearly six years on a report that two companies in Henan province have started cutting production almost two months before China's official winter restrictions kick in. The most-traded aluminum contract on the Shanghai Futures Exchange finished up 3.36 percent, its biggest...

  • BEIJING, Sept 20- Shanghai aluminium prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminium contract on the Shanghai Futures Exchange had jumped 3.9 percent,...

  • BEIJING, Sept 20- Shanghai aluminum prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminum contract on the Shanghai Futures Exchange had jumped 3.9 percent, its...

  • BEIJING, Sept 20- Shanghai aluminum prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminum contract on the Shanghai Futures Exchange had jumped 3.9 percent, its...

  • MELBOURNE, Sept 20- London aluminum struck its highest in five years on Wednesday on prospects that China's winter production are starting early and will soon pare back stocks of available metal. "For aluminum, certainly this is related to China's winter production cuts," said analyst Helen Lau at broker Argonaut Securities in Hong Kong. China has launched an...

  • BEIJING, Sept 20- Shanghai aluminium prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminium contract on the Shanghai Futures Exchange had jumped 3.9 percent,...

  • MOSCOW, Sept 19- Russian aluminum producer Rusal is in no rush to make a decision on whether to list in London and its decision could depend on Brexit talks, Deputy Chief Executive Oleg Mukhamedshin said. Rusal, the world's largest aluminum producer after China's Hongqiao, is considering canceling its Paris listing and listing in London where it thinks its...

  • BEIJING, Sept 14- China's non-ferrous metal output fell to a one-year low in August, in a sign that Beijing's environmental crackdown is curbing supplies of base metals, with aluminium also hit by efforts to rein in output. "I think it is definitely related to the crackdown on production that will pollute the environment," said Helen Lau, an analyst at Argonaut...

  • BEIJING, Sept 14- China's primary aluminum production fell for a second successive month in August to its lowest level since April 2016, as capacity cuts continued to affect supply, official data showed on Thursday. Aluminum output fell 3.7 percent year on year to 2.64 million tonnes last month, which was also down from 2.69 million tonnes in July, according to...

  • BEIJING, Sept 14- China's primary aluminium production fell for a second successive month in August to its lowest level since April 2016, as capacity cuts continued to affect supply, official data showed on Thursday. Aluminium output fell 3.7 percent year on year to 2.64 million tonnes last month, which was also down from 2.69 million tonnes in July, according to...

  • Sept 13- Hong Kong stocks dipped on Wednesday, as Asian equities slipped from 10- year highs despite Wall Street hitting record highs overnight. Hong Kong- listed shares of Chalco continued to jump, up roughly 4 percent and touching six-year highs, after the Chinese aluminium maker on Tuesday suspended trading in China- listed A-shares pending a major...

  • HONG KONG/ LONDON, Sept 12- China's CEFC is considering investing in En+ as part of the aluminium-to-power conglomerate's planned IPO, industry sources said, potentially boosting Beijing's ownership of Russian natural resources. If CEFC buys a stake in En+, it would be the second large deal by the fast growing Chinese conglomerate in Russia this year, following...

  • CONAKRY, Sept 6- China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said. The minister said the money would be spent on badly needed infrastructure- Guinea is one of the world's least developed countries- a...

  • CONAKRY, Sept 6- China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminum which the West African country has in abundance, the mines minister said. The minister said the money would be spent on badly needed infrastructure- Guinea is one of the world's least developed countries- a...

  • The projects guaranteed by the loan included China Power Investment Corp's planned alumina refinery and Aluminium Corp of China's bauxite project, both in Boffa, northwest Guinea, Mines Minister Abdoulaye Magassouba told Reuters.

  • LONDON, Sept 5- Copper hit a three-year high of $6,970 per tonne on the London Metal Exchange on Tuesday morning. Aluminium is faring even better, trading above $2,100 per tonne for the first time since 2013.. At a current $3,200 per tonne it is traversing chart levels last seen during the great bull run of 2007-2008..

  • VLADIVOSTOK, Sept 6- Russian billionaire Viktor Vekselberg said on Wednesday he did not want to increase further his stake in Russia's Rusal, one of the world's top aluminium producers. "No, we don't want," he said when asked whether he planned to buy another almost 7 percent stake in Rusal. The combined holding of Vekselberg and his vehicle, SUAL Partners Limited,...